BRIEF-Tesla announces deferral of changes to UK credit facility

Tue May 31, 2016 9:20pm EDT
 
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May 31 (Reuters) - Tesla Exploration Ltd

* Tesla announces deferral of changes to UK credit facility

* says has received a formal notice that its UK lender will defer this reduction to June 30, 2016

* Says will work with lenders, such that company will be able to continue to fund its operations as a going concern

* Says continues to work with both its UK and Canadian lenders to achieve a renewal of its credit facilities Source text for Eikon: Further company coverage: (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780)